10 years ago

Lystable Raises $3.5 Million to Help Businesses Manage Freelancers

  • Lystable, a TechStars-incubated company, has raised $3.5 million in seed funding to help businesses manage their relationships with freelancers and vendors

  • The company's platform allows businesses to track and manage their freelance workforce, including ranking freelancers by skills, browsing sample work, and using message templates to communicate quickly and easily

  • Lystable has been working directly with large enterprises such as Google and The Economist, but is now allowing small and medium businesses to sign up on a self-serve basis

  • The company is still experimenting with pricing, offering a freemium model with a basic version of the product available for free.

      • ProblemTechnology

      "Companies are increasingly relying on freelancers and vendors, but struggle to manage these relationships effectively. Current solutions, like spreadsheets or CRM systems, are not designed for this purpose and become cumbersome when scaling up."

      Solution

      "Lystable provides a platform that helps companies manage their external workforce by simplifying communication, collaboration, and payment. It offers features like ranking freelancers based on skills, viewing sample work, and using message templates for quick communication."

      Covered on